In the ever-volatile world of energy markets, the latest data from the U.S. Energy Information Administration (EIA) has sent ripples through the industry. For the week ending August 15, 2025, U.S. crude oil inventories experienced […]
(Updated – April 3, 2024 10:31 AM EDT) Crude Inventory 3.21M Barrels vs 9.4K Expected Cushing -377K Gasoline -4.26M vs -453K Expected Distillate -1.27M vs -663K Expected Summary of Weekly Petroleum Data for the week […]
Daily Standup Top Stories Energy Giants Create Global Synthetic Natural Gas Coalition March 20, 2024 Mariel Alumit Supermajor TotalEnergies, another French energy giant, Engie, and U.S. Sempra Infrastructure have announced plans to create a global coalition to support […]
US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased by 2.0 million bbl from the previous week, according to data from the US Energy Information Administration. At 445.0 […]
The Keystone pipeline sprang a new leak. The oil flow was stopped on Wednesday, December 7 just seven minutes after a leak was discovered. The leak spilled 14,000 barrels (or nearly 600,000 gallons). This is a […]
An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil refining centers, analysts and traders said […]
TC Energy, the operator of the Keystone Pipeline, declared force majeure on Monday following a power outage in South Dakota, which reduced the flows on the link carrying crude from Canada to the U.S. TC Energy said […]
NEW YORK, (Reuters) – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]
Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports. Friday, December 23rd, 2021 The interdependence of oil […]
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